Tag: Altronix Trading Bot

Altronix App is a scam and we’re posting this review to warn binary options and FX traders of another “so-called” get rich quick, auto trading software, the domain in question isaltronixapp.com. This Altronix Trading software released recently already has to receive negative press and poses a threat to any would be investor who is looking for a quick return. During this last week we saw a few unsolicited offers via email campaigns and bogus review sites promoting Altronix trading App software . This article will look to refute these so called review sites by presenting real evidence that the Altronix System is nothing but an Altronix App scam software.

We would encourage any would investor who has received any such offer to review our Altronix App Review so that they can perform their own due diligence on this signalling app. This binary options signalling system the Altronix trading app was said to be designed by a certain Frank Saunders, who suggests that he has dedicated himself to trading and helping others do so at the same time. He suggests that his company created a signalling bot that is continuously scanning news, social media content and offline news. Then it finds the best trading opportunities on binary options and takes them.

The only problem we have with this whole story is the inconsistencies and flaws that we have found out about Josh Bacon and his so called ’90 day free trial’ app. When observing the Altronix Trading App web page you will notice some quotes about Altronix allegedly published in media like Bloomberg or CNN Money. You may if wish conduct your own search on these web site. What you will notice is the same thing we have and that is these media sites have never mentioned the Altronix Trading App in any of their reviews.

The Altronix Trading App Guarantee!!

The designers behind this Altronix signalling app claim you more likely will become a millionaire using the Altronix trading app within 90 days after signing up! There is no way that is true, the math just doesn’t make sense because there are upper trading limitations that you don’t need to worry about, but that will definitely make it impossible to make a million dollars in 90 days trading binary options.

On the frequently asked questions section shown on the http://altronixapp.com/ website, The designers behind this Altronix signalling app claim you more likely will become a millionaire using the Altronix trading app within 90 days after signing up! We personally think this is over exaggerated and unrealistic but will leave you to make your own decision on this statement. Here is a statement that we found on the Altronix App website about the insinuated Altronix trading app software’s potential :-

How much money will I make on an average day?

It’s difficult to say what an “average” day’s profits will be since every trading day, every trade and every trader is different. Of course, the more money you can start your trading with, the larger your initial trades AND your initial profits will be. Beginning with as little as $250, you could expect to profit between $500 and $1,000 per day. As you trades increase in size, profits of $5,000 to $10,000 per day wouldn’t be unusual. And yes, your trades AND your profits are going to grow very quickly.

They try to create scarcity by saying that there are “only 50 spots” available, they claim that space is limited and show you wealth counters where people’s accounts are magically increasing, but it’s all just a lie! Just refresh the page an you will see the Altronix app resets everytime you reload the page.

How does this Altronix System supposed to work?

According to the video on the website the creators have developed a news portal and this system in a sense is supposed to react to news related events. This would mean that it focuses on short term signals reacting to fundamental news in isolation rather than focusing on price movements, support, resistance and technical analysis. They claim the Altronix app is connected to various servers, blogs, channnels and can detect movements in the market before the brokers, eliminating the risk from trading.

Fake Testimonials

The Altronix App trading software also show a few apps from Ron Ray, Alex Mathis and Monica Wheeler all claiming to have earned 6 digits with this app. This testimonials are not genuine, no actual live trading is shown. Most likely these so called beta testers are actors in their own rights. We just can’t be bothered with this app because its too over exaggerated and unrealistic for our liking.

They claim that you can become a millionaire with the Altronix trading app within 90 days after signing up! There is no way that is true, the math just doesn’t make sense because there are upper trading limitations that you don’t need to worry about, but that will definitely make it impossible to make a million dollars in 90 days trading binary options.

In addition to this it was also noticed by LeadingBinaryOptions.comthat on the video it was insinuated news portals had awarded the Altronix app as best performing software for 2016? In this article they made a valid point that no such announcement has been found on those news portals, and overall 2016 needs to passed before such an award can be declared and made. Also, in this same article they noticed another very strange conflicting claim about The Altronix app’s possibility to discard old news content. In the presentation video there was an example given with United Airlines old news, which appeared on credible news source. Eventually the news turned to be 6 years old but the social trading bots placed trades for millions and eventually lost huge amounts of their owner’s money.

Fundamental news is constantly changing and as such old news tends to become less and less relevant with time. News trading bots are real, and there are some very clever people with some very fast computers that are making a lot of money by automatically trading news events. However, that is not what you will be getting with this signalling software i.e. the Altronix app. It is bogus and a waste of your time and money.

If you are interested to trade with a broker directly and without the potential risk to lose money with a signals provider, note that you can trade directly using technical analysis. Visit Our Brokers Checklist because there are plenty of unregulated scam brokers in the industry which you can find listed on our Blacklist and in case you are absolutely new to online trading, you can trade with the TradeThunder.comwhich offers members with a $20 minimum deposit vs $200-$500 as required by most companies in the industry.

We would encourage you to steer clear of the Altronix App System and choose a reliable signalling if you prefer to use the automated signalling apps. Copy Buffett is an example of a reliable automated software that has received positive testimonials and receiving good reviews across various authoritative sites. For more information, visit our Copy Buffett Review.

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